Advanced Accounting Canadian Edition

Advanced Accounting is a new Canadian textbook that offers students clear explanations of accounting standards, unique content, and challenging problems and cases. Taking a very detailed approach to the topics that can be difficult for students to master; the text lays out each topic very clearly and provides illustrative examples that show students how these concepts are applied. This helps students understand the reasons that adjustments are being made, which leads to a deeper understanding of the concepts and avoids the pitfalls that come from simply memorizing formulas. The chapters are also outlined by learning objectives so that instructors can decide the level of depth they wish to cover. Advanced Accounting is designed to address those advanced topics in accounting that require knowledge of all other sections of the CICA Handbook. This text builds on the knowledge obtained in an intermediate accounting course and is intended to extend the learning from intermediate texts such as Intermediate Accounting by Kieso, Weygandt, Warfield, Young, and Wiecek.

Advanced Accounting is a new Canadian textbook that offers students clear explanations of accounting standards, unique content, and challenging problems and cases. Taking a very detailed approach to the topics that can be difficult for students to master; the text lays out each topic very clearly and provides illustrative examples that show students how these concepts are applied. This helps students understand the reasons that adjustments are being made, which leads to a deeper understanding of the concepts and avoids the pitfalls that come from simply memorizing formulas. The chapters are also outlined by learning objectives so that instructors can decide the level of depth they wish to cover. Advanced Accounting is designed to address those advanced topics in accounting that require knowledge of all other sections of the CICA Handbook. This text builds on the knowledge obtained in an intermediate accounting course and is intended to extend the learning from intermediate texts such as Intermediate Accounting by Kieso, Weygandt, Warfield, Young, and Wiecek.

Canadian Financial Accounting Cases, 3rd edition has been developed to bridge the gap between the foundational concepts and the real world. Students are introduced to the case study methodology for financial accounting, which focuses on identifying the issue, understanding implications, developing alternatives, and making recommendations. Students must also be able to understand the overall financial reporting landscape and the overall impact of the individual accounting issues. The cases range from introductory level to advanced level and can be used as assignments, exams, or for in-class discussions. The cases have been developed using IFRS (Part I), ASPE (Part II) or ASNPO (Part III) as the accounting frameworks, providing students with exposure to many different types of organizational structures, and have been linked to the CPA Competency Map. Instructors are provided with detailed teaching notes and marking keys that will assist in guiding the class discussions and assessments.

Canadian accounting standards are converging with International Accounting Standards in an effort to harmonize the many different standards that have previously existed world wide. Though the final implications won't be seen until 2011, Hilton/Herauf's well deserved reputation for being the most current, concise, and technically accurate advanced accounting text on the market is maintained in this new edition. The authors have made every effort to illustrate and explain the requirements of the current standards at the time of publication, anticipating how these might change, what the effects of the changes are, and what this means to the industry, professionals, and students. Hilton/Herauf's hallmark approach is maintained in the Fifth edition. This emphasis on the direct approach of preparing consolidated financial statements along with the "building block" development of the basics of consolidations has been further strengthened. The working paper approach is also provided in appendices at the end of the chapter where applicable. Finally, as requested by instructors, additional problem material has been included in this edition to assist students with studying: a discussion question can be found in each chapter to encourage critical thinking and classroom analysis; one new case and 2 new problems for each chapter have been added; and even more problems and questions can be found online for additional study.